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Dec 10, 2012
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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Dec 13, 2012
12/12
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coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the glitches that many complained about in apple maps. wrong names, misplaced landmarks and incorrect addresses that cost people money and cause them confusion. the apple group, of course, it is for free. this application. but it's not altogether perfect. there isn't an ipod version just yet and also the voice immigration is not as good as other brands. it is only available in english. still to come, also, there is no tie in with the contacts. overall, these glitches are relatively small and simple and people are rejoicing. back to you. tracy: i certainly am. well, ab
coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the...
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. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astronauts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the srs to reaching t the other guy's throats. the astronauts who went to the moon and here for yourself, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never before seen footage and exclusive interviews with the men who got usthere. i d
. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington,...
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Dec 13, 2012
12/12
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where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini through apple. go away apple maps, it's poi pointless. >> the google guys must be running around the offices with confetti and horns and saying, yes! you couldn't do it without us. stuart: that's exactly right. >> and that's what they're doing over there at google. stuart: that's right, so google is up and apple i think is barely holding its own, i think it's down at the moment. >> it is down 1%. stuart: we've been questioning whether apple is still cool and we'll keep questioning. nicole, thank you very much indeed. again this thursday morning, i've got to tell you it's a dead flat market. l
where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini...
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Dec 12, 2012
12/12
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if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if ot lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown lobbyists and k street, a lot of interest in the business community for that reform. it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being here. >> all right, thanks for h
if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if ot lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown...
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. >> google nexus seven. it is basically enjoyed all the way. nothing special about the design. this is the best selection of android apps. gerri: how about microsoft surface? >> this is a device that is built for productivity. microsoft designed this microsoft surface tablet. it has a kick stand. it comes with a keyboard. that is something that you could not be do without. this is a powerful device. some people say they are going to buy this, but they know they will have to do work on it. [talking over each other] microsoft designed this with productivity in mind. again, this is one of the widest devices on the market. gerri: okay, lance, thank you for coming on. that is a big help to people. maybe we can get some of those full-screen on the website. it really lays out how to make that decision. >> we have a ton of information. [talking over each other] gerri: we will be right back with my "two cents more". and the answer to the question today. does president obama over toward another bailout? male announcer ] how do you trade? with scottrader streaming quotes, anyay you want.
. >> google nexus seven. it is basically enjoyed all the way. nothing special about the design. this is the best selection of android apps. gerri: how about microsoft surface? >> this is a device that is built for productivity. microsoft designed this microsoft surface tablet. it has a kick stand. it comes with a keyboard. that is something that you could not be do without. this is a powerful device. some people say they are going to buy this, but they know they will have to do work...
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Dec 12, 2012
12/12
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here's my take on google and bermuda. the story is this, google funneled nearly 10 billion dollars in to bermuda, where there is no corporate tax. google avoided about 2 billion dollars in worldwide taxes by doing that. by not bringing back specifically to america, they saved a whole lot more. the irony is that eric schmidt was ceo when the money was parked in bermuda, yes the pro-tax, pro-obama eric schmidt avoided the tax that president obama enforces. apart from the obvious hypocrisy, there are two points to be made here. number one, eric schmidt did the right thing for his shareholders. they own the company. they want to share in the money that google makes. the ceo has the responsibility to act in their best interest. if google had brought the money back here, it would have been taxed at the highest rate in the developed world, 35%, and then if it were paid out in a dividend, the money would be taxed again at a rate that may get up to 43% next year. it's in the interest of the shareholders to park it in bermuda. he d
here's my take on google and bermuda. the story is this, google funneled nearly 10 billion dollars in to bermuda, where there is no corporate tax. google avoided about 2 billion dollars in worldwide taxes by doing that. by not bringing back specifically to america, they saved a whole lot more. the irony is that eric schmidt was ceo when the money was parked in bermuda, yes the pro-tax, pro-obama eric schmidt avoided the tax that president obama enforces. apart from the obvious hypocrisy, there...
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up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years and i know apple has been wanting to do this. it's been a thorn in the side of apple. stuart: it's for political reasons? >> it's for political reasons, sure, and the thorn in the side is tim cook to deal with worker conditions. >> no, no, no. >> sure. >> you can't tell me, the chief executive says i'm tired of getting on that plane and going to china. >> and i don't know that he cares about getting on the plane. he's tired of the negative pr. >> right. >> and now to the real point. and it's a drop in the bucket. this is all simply to fight the pr war. by the way he said something interesting,
up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years...
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Dec 11, 2012
12/12
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internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s
internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick...
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Dec 10, 2012
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it jumped on friday on reports it could be a takeover target for google. whether it is or not, i don't know, but it is down this morning. all right. we're back in 90 seconds with the drastic steps the dallas cowboys are considering after this weekend's tragic accident. stuart: horrible story over the weekend. dallas cowboys player josh brent allegedly driving drunk flips his car. his passenger and teammate jerry brown killed in the accident. the cowboys are looking into all options to protect their players. including installing devices that would immobilize the car if the driver of the car. the judge is here. do they have the right to intrude into players' cars and install a device that you can't drive it if you are drunk? >> do they have the right? not is it the right thing to do but do they have the right thing to do? well, they are not the government. and the young man who is accused, he's still innocent, because he's innocent still proven guilty accused of this awful event is free to work at another football team. so under that theory, he's voluntarily
it jumped on friday on reports it could be a takeover target for google. whether it is or not, i don't know, but it is down this morning. all right. we're back in 90 seconds with the drastic steps the dallas cowboys are considering after this weekend's tragic accident. stuart: horrible story over the weekend. dallas cowboys player josh brent allegedly driving drunk flips his car. his passenger and teammate jerry brown killed in the accident. the cowboys are looking into all options to protect...